Question

Indicate whether each one pertains to microeconomics (MIC) or macroeconomics (MAC). (a) "Mexican's GDP had a growth rate of 5 percent in the final quarter of the year 2019." (b) “The profits of Amazon rose 20 percent during the past quarter." (c) "Rains from El Paso again hit the California region causing severe flooding in farms. The prices for citrus and produce are expected to rise sharply." (d) "The unemployment rate in France hit its lowest level in the last twenty years." (e) "The trade deficit in Bulgaria was $20 billion last month."

Answer 1

Answer.
Microeconomics is the branch of economics that deal with individuals, and macroeconomics is the branch of economics that deal with aggregates or economy as whole.
In the given question,
1. Mexican's GDP growth rate indicate the state of entire economy. It indicate the growth rate of all goods and services produced in an economy and, thus pertains to macroeconomics.
2. Amazon is a single or individual identity. It does not represent the entire economy of a country. Thus, pertains to microeconomics.
3. Rain in one region affect the particular farms. And, this lead to rise in prices of a individual commodity, citrus. Thus, it is a microeconomics phenomenon.
4. Unemployment rate represents the state of unemployment in the entire economy, not of particular region or industry. Hence, it pertains to macroeconomics.
5. Trade deficit explains the excess of imports in a economy over its exports. And, counts for the goods and services of the entire economy. Thus, it is the concept of macroeconomics.

As per HOMEWORKLIB RULES, first question is answered.